The world may dodge another recession. But risks are growing ...Egypt

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London (CNN Business) – As the World Bank and the International Monetary Fund kick off their spring meetings this week, both are sounding a warning: The global economy, they say, is quickly losing steam. What’s happening: The World Bank has slashed its forecast for global growth in 2022 to 3.2 percent from 4.1 percent, anticipating a sharp deceleration from estimated growth of 5.5 percent in 2021. The IMF’s latest outlook arrives later Tuesday. World Bank President David Malpass told journalists that “severe overlapping crises” are weighing on the recovery. “There’s Covid-19, inflation and Russia’s invasion of Ukraine,” he said on Monday. Developing countries, many of which are facing high l

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